Venture Capital Firms in Bay Area – Google Ventures – Mountain View, CA – 48/50
Other Areas of Focus: Life Science, Enterprise and Data, Artificial Intelligence, Cyber Security, Healthcare
Total Capital: $1.1 billion
Notable Investments: OnDeck, Ripple, LedgerX, LendUp, Upstart, Plaid
GV, formerly Google Ventures, is the venture capital investment arm of Alphabet Inc. and provides seed, venture, and growth stage funding to technology companies. The firm operates independently from Google and makes financially driven investment decisions. GV seeks to invest in startup companies in a variety of fields ranging from the Internet, software, and hardware to life science, healthcare, artificial intelligence, transportation, cyber security and agriculture. GV was founded as Google Ventures in 2009. GV has offices in Mountain View, San Francisco, New York City, Cambridge, and London.
The group was founded on March 31, 2009, with a $100 million capital commitment.1] In 2012, that commitment was raised to $300 million annually, and the fund has $2 billion under management. In 2014, the group announced $125 million to invest in promising European startups. By 2014, it had inves[ted in companies such as Shape Security. In December 2015, the company was renamed GV and introduced a new logo. As of 2016, GV has been less active as a seed investor, instead shifting its attention to more mature companies.
GV was one of the first venture capital firms to employ the venture capital services model. It provides portfolio companies with access to operational help after making a financial investment. Full-time partners at GV work with portfolio companies on design and product management, marketing, engineering, and recruiting.
GV has developed an intensive, five-day design process, called a Design Sprint, which helps startups solve problems quickly..